878 Shanghai Landing Lane
Lafollette, TN, 37766 $ 2,795,000
Bedrooms4 Baths4.3 Sq 5,480 Monthly Estimate*
$ 19,524
for $2,795,000 with 4 bedrooms and 4 full baths, 3 half baths. This 5,480 square foot home was built in 2023 on a lot size of 1.52.
There is a stunning new home available for purchase on Norris Lake. This rare property is situated in the gated community of Shanghai Landing and boasts 234 feet of lake frontage on a deep-water cove. Although the construction is still in progress, the home will be ready just in time for the upcoming vacation and rental seasons. With 6 bedrooms, 5 full baths, and 3 half baths, there is ample space for guests. As you step inside this magnificent home, you will be greeted by high ceilings, a fireplace, and large windows overlooking the wooded property and lake. The main area comprises a great room, dining space, kitchen, and large kitchen island. You can also enjoy the serenity of the lake from the four-season room located just outside the kitchen, complete with a gas fireplace. Step outside on the full-length covered deck, the outdoor entertainment area. The upper-level features two master bedrooms, complete with full baths and walk-in closets. The fully finished basement includes an exercise room with a wet bar, a fully wired media room, an activity room for the kids, and a study for those who work from home. The downstairs also features four bedrooms and a bunk room, as well as a full-length deck to enjoy the stunning views of the lake. The property comes with an attached two-car garage, featuring metal ceilings and wall coverings, a storage area for lake toys, an ice maker, and a mechanical room for heating and air. The laundry room comes with two washers, two dryers, and a utility sink making cleaning an easy chore. The property also features a dock with two boat slips and a two-jet ski slot, with a concrete path leading down to the lake and the dock. This home has endless possibilities and is perfect for short-term rental or as a full-time residence. Some of the exciting features of this home include ten-foot ceilings, Trex decking, Anderson Windows, four sliding doors, a wet bar, an ice maker, granite counters, tile showers and tile floors in the bathrooms, mold-resistant sheetrock in the bathrooms, and plenty of storage space. The property is updated weekly, so stay tuned for more exciting features.
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FeaturesGeneralInterior Features Cathedral Ceiling(s) Island in Kitchen Pantry Walk-In Closet(s) Wet Bar Eat-in Kitchen
Sewer Septic Tank
Heating Central Electric
Cooling Central Cooling Ceiling Fan(s)
Appliances Dishwasher Smoke Detector Refrigerator Microwave
Exterior Features Porch - Covered Deck
HOA 500.0
Garage Spaces 2.0
Architectural Style Contemporary
Security Features Gated Community
Construction Materials Vinyl Siding Wood Siding Frame Other
Year Built 2023
View Country Setting Wooded
Property SubType Residential
Assoc Fee Paid Per Yearly
County Campbell County - 37
Property Type Single Family
HOA / Comm Assn Y
Attached Garage N
Subdivision Name The Point At Shanghai
Garage Y/N N
Total Rooms 23
Status Active
Directions Hwy 63 to Hunters Branch left on Demory Road left on Shanghai Landing Rd. House is the right at the end of the Road.
City LaFollette
Buyer Agent Compensation 1.2000
View Y/N N
MLS Area Campbell County - 37
Lot Size Square Feet 66211.2
Carport Y/N N
Street Name Shanghai Landing
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Campbell County - 37
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Buyer Agent Compensation Type %
Senior Community None
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InteriorBasement Finished Walkout
Flooring Laminate Tile
Total Fireplaces 2
Fireplace Features Gas Log
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Full Baths 4
Half Baths 3
Street Suffix Lane
Total Bedrooms 4
Electric On Property Y/N N
Total Baths 7
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ExteriorParking Features Garage Door Opener
Lot Features Cul-De-Sac Waterfront Access Lakefront Lake Access Wooded
Water Source Public
Lot Size Area 1.52
Spa N
Building Area Total 5480.0
Lot Size Acres 1.52
Frontage Type Lakefront
Lot Size Units Acres
Lot Size Source Tax Records
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByNorth Cumberland Realty, LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $19,524
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Lafollette, TN
Average List Price $759,940
Percent of Sale Price 73%
Trends Information provided by ATTOM Data Solutions.
694100 Elementary School
694101 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/2/2024 | $2,795,000 | -1.58% | Price Down |
5/1/2024 | $2,840,000 | -0.35% | Price Down |
12/5/2023 | $2,850,000 | | Listed Price |